UN Resolution on Iraq on Table

[PLATO]

Here is a link to the resolution:

http://www.foxnews.com/story/0,2933,86432,00.html

Seems to make sense to me. Provides for 1 year administration. All oil money to be deposited into an independently audited account to be used solely for benefit of Iraqi people.

edit: try the link this way

http://www.foxnews.com/story/0,2933,86432,00.html

[Dinner]

Now is when we find out if Chirac really meant it when he said he just wanted to lift sanctions to help the poor starving (insert bleeding heart discription of choice here) Iraqi people or if he really was just getting down on his knees to deep throat Saddam.

[loinburger]

The link isn't working for me.

Edit: Nevermind, copy-paste works with the URL, it's just that there's bizarro UBB code ****ing it up.

http://www.foxnews.com/story/0,2933,86432,00.html

[PLATO]

Sorry loinburger. Thanks for the fix. Should work in my edit also

[loinburger]

Oh wait, I forgot:

"Fox news is your only source? I'll believe that this proposal is real when it is independently confirmed by a news source that I like, and not a moment sooner."

Sorry, I couldn't resist.

[PLATO]

Originally posted by loinburger
Oh wait, I forgot:

"Fox news is your only source? I'll believe that this proposal is real when it is independently confirmed by a news source that I like, and not a moment sooner."

Sorry, I couldn't resist.

[PLATO]

Interestingly, The resolution seems to contain most of the things that the anti-war crowd swore would never happen because the US was so evil.

Is it possible that they were wrong??

[DanS]

Everybody's going to be dickering about:

1) the 5% to the compensation fund;

2) any impediments to selling the oil, such as garnishment by Lukoil for trade debts; and

3) the exact makeup and function of the advisory/oversight committee.

The amount of wordsmithing is very small, but you can be sure there will be a lot of negotiations.

[Arrian]

Is it possible that they were wrong??

Of course not, you fool. The United States is the root of all evil.



-Arrian

[Richelieu]

"13. Underlines that the Iraqi Assistance Fund should be used to meet the humanitarian needs of the Iraqi people, for the economic reconstruction and repair of Iraq's infrastructure, for the continued disarmament of Iraq, and for the costs of indigenous civilian administration, and for other purposes benefiting the people of Iraq"

Here it is.

[DanS]

Are you saying that it's merely vague and needs rewording or that it's objectionable?

[PLATO]

Originally posted by DanS
Everybody's going to be dickering about:
...
2) any impediments to selling the oil, such as garnishment by Lukoil for trade debts

...

Would this not be covered by:

Further decides that petroleum, petroleum products and natural gas originated in Iraq, and proceeds of sales thereof, shall be immune from judicial, administrative, arbitration or any other proceedings (including any prejudgment or post-judgement attachment, garnishment, or execution or other action to satisfy a judgement) arising in relation to claims, of whatever kind and whenever accrued, against Iraq or any instrumentality or agents thereof (or the Authority, or its participating states or their instrumentalities or agents), and that all Member States shall take any steps under their respective domestic legal systems necessary to give full effect to this paragraph;

??

Also 5% administrative costs is actually low for a program this size. It leaves little room for corruption and could even possibly force efficiency on the UN (if that is even possible)

The advisory commitee will be a major source of discussion and in-fighting.

[DanS]

The 5% isn't administrative costs. Rather, it's a compensation fund for Kuwait, et al. for GWI and Iran.

Re the garnishment, yes that's what covers it. But do you expect the Russkiis and French to roll over, when billions of their companies' dollars are at stake?

[PLATO]

Ah..yes, you are correct. I mis-read that somehow. That may be a source of argument. It will probably pass however since previous international agreement on the issue.

WRT garnishment. You make a great point. With national interest running the debates at the UN as opposed to the good of the Iraqi people, then this could well expose positions for what they truly are. It wouldn't suprise me to see some changes to this section to cover the French and Russians just to get them on board for the rest of the resolution.

[Ned]

Just as a reference, the 5% number for compensation down from a current 30%.

I see a compromise position at 10%.